Friday, January 17, 2014

Friday's Outcomes: LVS, WYNN, KO, GLOG

My bull options spreads on LVS and WYNN expire on Saturday for maximum profit and now go on the Roll List. See the analyses, "LVS: Gambling on China" and "WYNN: A Macau play".

I re-analyzed the KO chart, anticipating a roll into a new bear position next week. See "KO: Time to rejoin the bears?"

Friday's potential trades all came up short. See "Friday's Prospects: No Trade", with a brief chart talk on the the symbol, GLOG, that almost got a passing grade.


My shorter-term trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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